Ready Capital Corporation 7.00% Convertible Senior Notes due 2023
RCA
RCA was delisted on the 14th of August, 2023.
19 hedge funds and large institutions have $52.6M invested in Ready Capital Corporation 7.00% Convertible Senior Notes due 2023 in 2022 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 10 increasing their positions, 5 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 5
5% more capital invested
Capital invested by funds: $50M → $52.6M (+$2.6M)
14% less funds holding
Funds holding: 22 → 19 (-3)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
+$2.19M |
| 2 |
BFM
Boothbay Fund Management
New York
|
+$667K |
| 3 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
+$489K |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$338K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$336K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Walleye Capital
New York
|
-$669K |
| 2 |
BlackRock
New York
|
-$293K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$92K |
| 4 |
Barclays
London,
United Kingdom
|
-$51K |
| 5 |
JP Morgan Chase
New York
|
-$42.8K |
RCA Hedge Fund Activity: Q4 2022 in Review
19 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Ready Capital Corporation 7.00% Convertible Senior Notes due 2023 (RCA) for Q4 2022, worth a combined $52.6M — up 5.2% from $50M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of RCA and 0 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 10 added.
The largest buyer was State of Tennessee, Department of Treasury, adding an estimated $2.19M. The largest seller was Walleye Capital, cutting an estimated $669K.
- 19 institutional investors held Ready Capital Corporation 7.00% Convertible Senior Notes due 2023 (RCA) as of Q4 2022, down from 22 in Q3 2022.
- Funds reported $52.6M of Ready Capital Corporation 7.00% Convertible Senior Notes due 2023 stock for Q4 2022, up 5.2% quarter-over-quarter.
- 0 funds opened new Ready Capital Corporation 7.00% Convertible Senior Notes due 2023 positions in Q4 2022 and 2 closed out, a net change of -2 holders.
- The largest Ready Capital Corporation 7.00% Convertible Senior Notes due 2023 buyer in Q4 2022 was State of Tennessee, Department of Treasury, an estimated $2.19M added.
- The largest Ready Capital Corporation 7.00% Convertible Senior Notes due 2023 seller in Q4 2022 was Walleye Capital, an estimated $669K sold.
Based on aggregated 13F filings for Q4 2022.